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The National Cyber directorate and the Ministry of Communications have inaugurated a control center that will provide a national response to cyber threats to the communications sector and to maintain its functional continuity. The inauguration of the center was attended by Yigal Ona National Cyber, Head of Communications David Amsalem and Director of the Ministry of Communications Nati Cohen. The center, which will begin operation in early February, is part of the National Cyber ​​Events Management Center of the National Cyber ​​Array located in the high-tech park in Be'er Sheva, and is...

The directives announced by Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon in the shadow of the krona crisis will lead to a NIS 45 billion damage to the Israeli economy. That's how the chief economist of the Treasury, Shira Greenberg, estimates. Greenberg states that the measures announced to combat the spread of the Corona epidemic are expected to bring about a decline in GDP, estimated at about NIS 25 billion (representing about 1.6% of GDP). In addition, Greenberg estimates that the decline in GDP as a result of the measures announced until last weekend, alongside...

The state-owned apartment rental company and the Israel Land Authority announced this morning that Parshkovsky onstruction company is the winner of a long-term rental project as part of the roof agreement, in a new neighborhood in Lod, which will build on Ben Shemen's land. The complex will include 352 units of which 286 are long-term rental apartments. The Ben Shemen project is the second project of the Parshkovsky Company as part of apartment tenants and is joining a project of 320 housing units currently being built in West Ramla. Lod agreed to the project despite recently announcing...

Meta Networks was acquired by the American cyber company ProfPoint for $ 120 million. Of which 111 million in cash and the rest in shares. The company was founded two and a half years ago and has raised $ 10 million to date. The deal is expected to be signed in the second quarter of 2019. The purchaser is an American cyber company traded at a value of $ 7 billion on the US stock exchange. The value of the holdings of the two Vortex and BRM funds will bring them to an exit of $ 35 million on an investment of only $ 5 million

In a report released today by the Chief Economist Division of the Ministry of Finance, February's real estate transactions depict a nuanced picture of recovery, particularly in the new apartment market. Despite challenges posed by the ongoing war, the data suggests a gradual rebound in certain segments of the housing sector

The Industrialist Association of Israel and the Federation of Israeli Chambers of Commerce appealed to Finance Minister Moshe Kahlon against "the intention of the Israel Tax Authority to use a new measurement method (WLTP) as an excuse to raise new vehicle taxes. The two organizations are asking the Finance Minister to refrain from making decisions that lead to an increase in living in Israel and to adjust the measurement method, so that it will not lead to the increase of new vehicles

The ongoing security situation in Israel has led to a sharp decline in international flights, with major foreign airlines announcing daily cancellations to and from the country. Notable aviation giants such as American Airlines, the Greek carrier Aegean Airlines, and the German Lufthansa Group have all decided to halt services to Israel for the foreseeable future. Air France has extended its suspension of all flights until November 12, while American Airlines has gone a step further, announcing that it will not fly to Israel until at least September 2025

The Ministry of Finance announced that agreements in principle had been received for Intel to build a new factory in Kiryat Gat with an investment of 25 billion dollars. According to the ministry's statement, Intel "is expected to hire thousands of additional workers in Kiryat Gat. It was agreed to significantly increase the tax rate that the company will pay to the state from 5% today to 7.5%. As part of its commitments, Intel is expected to finish the investment and start the plant's operations by 2027 and continue to operate it until at least 2035." Intel will receive a grant of 3...